The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
URBANITY-25 IS OFFICIALLY LIVE: TUNE IN NOW BIG IDEAS. BOLD SPEAKERS. REAL IMPACT.
URBANITY-25 IS OFFICIALLY LIVE: TUNE IN NOW BIG IDEAS. BOLD SPEAKERS. REAL IMPACT.
SEE LIVE UPDATESREAD HERE
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailStaff WriterThu 06 Apr 17

Sunshine State Leads Retail Investment: Cushman & Wakefield

15275761_l_620x380

Foreign investment in retail was particularly strong quarter-on-quarter, rising to $533 million in total volume, according to Cushman & Wakefield research.

Retail investment totalled $1.1 for the first quarter – up 23% on the same period last year, according to the research, with Queensland representing the most "attractive" destination – 43% ($457m) of the national investment volume.

New South Wales and Victoria recorded $262m and $221m, both below respective longer-run averages, as limited available stock was on the market. Foreign investment rebounded to $533m, up from $297m in Q4 2016.
Retail Overview
In December 2016, Moving Annual Turnover (MAT) grew 3.4%, though continued the downward trend from a peak of 5.7% in late 2014. Turnover growth has been limited by weak employment and income growth though consumer sentiment has bounced back to 99.6 reflecting a more positive attitude towards national economic growth.
Investment Overview
Retail investment remained robust in Q1 2017 with a total of $1.1bn, up 23% on the same period last year. Queensland proved the most attractive destination, accounting for 43% ($457m) of the national investment volume. Foreign investment rebounded strongly in Q1 2017 to $533m, up from $297m in Q4 2016.
2017 Outlook
Retail property’s relative value proposition and competition to secure assets - a trend during 2016 - continues into 2017. But the company said it expects more stock to enter the market as "established owners sell non-core assets to recycle capital into existing assets."

RetailAustraliaFinanceReal EstateSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Robots Not a Miracle Cure for Housing Productivity Crisis

Vanessa Croll
6 Min
Exclusive

Where 600 Wealthy Families Are Putting Their Millions

Taryn Paris
6 Min
Brique Projects EDM
Exclusive

Brique Thrives in Cauldron of SE Queensland Development

Clare Burnett
7 Min
Henny Prime Henny Background
Exclusive

Why Henny and Prime Edition are Moving into Student Living

Leon Della Bosca
7 Min
Riverlee Seafarer's 1 Hotel HERO
Exclusive

Melbourne’s North Bank Awakens After Decades of Dormancy

Leon Della Bosca
8 Min
View All >
Community

Urbanity Day One: Five Key Takeaways

Leon Della Bosca
HUB PROPERTY GROUP Harbourside Drive Rippleside HERO
Residential

Hub Property Refines Design After Geelong Knockback

Leon Della Bosca
Development

URBANITY Live: Back for Day Two

Vanessa Croll
Welcome back for Day Two of The Urban Developer’s flagship conference, Urbanity, on the Gold Coast...
LATEST
Community

Urbanity Day One: Five Key Takeaways

Leon Della Bosca
17 Min
HUB PROPERTY GROUP Harbourside Drive Rippleside HERO
Residential

Hub Property Refines Design After Geelong Knockback

Leon Della Bosca
3 Min
Development

URBANITY Live: Back for Day Two

Vanessa Croll
8 Min
A rendering of the vision for the 10,000 new homes at Concordia 40km north of Adelaide.
Infrastructure

Scheme to Unlock 10,000-Plus Homes in SA Moves Ahead

Marisa Wikramanayake
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/queensland-leads-retail-investment-cushman-wakefield